25-27 High Street, Dingwall
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- High Yielding Retail Investment
- Triple Fronted Retail Unit and Upper Parts
- Fully Let to New Start Highland
- 10 Year Lease Expiring 28.02.2026
- Asset Management Potential
- Development/Conversion Potential (subject to consents)
- Established High Street Location
- Investment Let at £13,750 p.a. (14.47% GIY on Guide Price)
Description
Arranged as a triple fronted retail unit to the ground floor with ancillary space to the upper parts, the property is fully let to New Start Highland, an established local charity, on a 10 year lease expiring 28.02.2026 and paying £13,750 per annum.
We consider the property may benefit from asset management potential via renewal of the lease and improving the annual rent. Alternatively, the property could be split to provide three retail units and let separately with an anticipated ERV of £30,000 per annum.
The property occupies a prominent central pitch on the High Street in Dingwall, a market town which serves as the principal retail amenity for a large catchment of Highland communities. Nearby tenants include Original Factory Shop, Pounstretcher and Boots.
Brochures
25-27 High Street, Dingwall
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Dingwall Station0.3 miles
- Conon Bridge Station2.4 miles
Notes
Disclaimer - Property reference 08ECAB95-64B3-473D-99A9-CCA63BAD1F0C. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Savills Auctions- Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.